PROJECT 38

REPORTER's NOTEBOOK: Big news comes in bunches

The month of February started with a bang with several important news stories breaking within days of each other, including big news from Leidos, SAIC and the CIA.

Leidos closed a $1 billion acquisition and then announced another deal just as big. The next day the Navy picked them for the $7.7 billion NGEN award, a takeaway from the incumbent, Perspecta.

Not to be outdone, SAIC announced their own deal, a $1.2 billion acquisition of Unisys Federal. And that deal will fundamentally change how SAIC goes to market.

That's enough news for one week but we also had the release of the final CMMC standards, AECOM completed its spin-off of Amentum, PAE went public, Huntington Ingalls signed a $350 million deal to buy marine robotic developer Hydroid, and, finally, the CIA released the draft solicitation for its multi-billion dollar cloud contract, Commercial Cloud Enterprise.

And just to add a little more color, Amazon Web Services filed a request to depose President Trump and others as part of its protest battle over the JEDI cloud contract.

Catching their breath, Editor Nick Wakeman and Senior Staff Writer Ross Wilkers give their take on what all this news means and what they see ahead in the market.

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